The Mets have exercised the $11 million option on Jose Reyes’ contract for 2011.

Updated at 6:10 pm:

﻿“Jose Reyes is one of the most dynamic players in the game and there never was any doubt about picking up his option,” Sandy Alderson said in a press release.

“A long term deal is not out of the question. It is something we can certainly discuss at a future date.”

Updated at 7:00 pm:

Reyes had a better season than he seems to be getting credit for. In fact, at one point this summer, for a good stretch, he played the baseball I’ve ever seen him play. I am very, very excited to see what he delivers next season, in a walk year, being able to dedicate this off season to conditioning his entire body and working on his overall game, as opposed to nursing himself back from a hamstring injury like last off season.

I suppose he could be still be traded this winter, but I just don’t see that happening. Also, I don’t doubt that they will engage in talks with him about a contract extension, and I believe he’s open to it. But, at the same time, at his age, and considering the type of game he plays, his next contract will be the largest of his career. So, the gamble for him will be based on just how healthy and productive he feels he can be in 2011.

I mean, considering his position and age, a career year from Reyes in 2011 could mean entertaining offers next winter similar to what Carl Crawford is about to see from the Yankees and other teams. Of course, he could take the money and commitment now, and live in peace knowing that he will still be paid in the event he suffers another major injury this coming season. Big decisions…